June 2, 2017 @ 7:15 pm By JD Alois  |  

Eagle Natural Resources, LLC has launched of a new online investing platform for investors seeking opportunities in the oil and gas market. Eagle will join a handful of other O&G platforms seeking capital online for investment opportunities. Eagle Natural Resources (ENR) is described as an… Read More

June 2, 2017 @ 6:30 pm By JD Alois  |  

Beanworks, an accounting automation company whose platform connects mid-sized firms from invoice to payment has closed on a $4.5M Series A funding round. The investment was led by Vancouver Founder Fund and TIMIA Capital. Beanworks’ customizable Fintech platform is designed to empower accounting teams to… Read More

June 2, 2017 @ 6:15 pm By JD Alois  |  

We last wrote about Myomo, a commercial stage medical robots company (kind of like the Bionic Man), in March. Myomo was in the process of using Reg A+ to raise growth capital. Under the exemption, Myomo was seeking $15 million using Banq, a crowdfunding platform… Read More

June 2, 2017 @ 3:19 pm By JD Alois  |  

The Chairman of the Securities and Exchange Commission (SEC) Jay Clayton published a request for comments today tackling a controversial topic. Chair Clayton addressed the Department of Labor’s “Fiduciary Rule” that deals with the conduct of investment advisors and broker dealers. It will also impact… Read More

June 2, 2017 @ 1:50 pm By JD Alois  |  

The US House of Representatives will consider Dodd-Frank replacement legislation next week. The bill, HR.10 or “the Financial CHOICE Act,” is designed to ameliorate and remove the detrimental effects created by the Dodd Frank law. The complicated Dodd-Frank rules were signed into law as a… Read More

June 2, 2017 @ 12:23 pm By JD Alois  |  

Seedrs will commence its secondary market feature next week on Tuesday (June 6) as they launch monthly their trading marketplace for crowdfunded securities (labeled Trading Tuesdays). This is not a simple task and a persistent item of discussion in the investment crowdfunding sector. Creating liquidity… Read More

June 2, 2017 @ 11:46 am By JD Alois  |  

Prominent journalist, TV Host, and multiple Emmy Award winner Carlos Amezcua has signed up to emcee the forthcoming Crowd Invest Summit in Los Angeles this September. Crowd Invest Summit, founded by several well-known entrepreneurs in the crowdfunding / Fintech sector, launched their inaugural conference last… Read More

June 2, 2017 @ 10:50 am By JD Alois  |  

Senator Chuck Grassley and Senator Diane Feinstein have joined together in drafting legislation that may impact the cryptocurrency world. The Senate Bill, as it stands now, is designed to “strengthens criminal laws against money laundering – a critical source of funding for terrorist organizations, drug… Read More

June 2, 2017 @ 8:41 am By JD Alois  |  

Jakarta based Amartha (PT Amartha Micro Fintek) a peer to peer lending platform launched in 2010, is now officially registered with the Directorate of Institutional and Product IKNB (Financial Industry Non Bank) Financial Services Authority ( FSA). Amartha said the approval by the financial regulators… Read More

June 2, 2017 @ 8:14 am By JD Alois  |  

Draper Esprit (AIM: GROW, ESM: GRW) has raised £100 million via new and existing investors. The listed VC said a further £60m in new capital has been raised via their EIS, VCT and secondary co-investment funds which invest alongside their PLC. The additional capital, totaling £160… Read More

June 2, 2017 @ 7:44 am By JD Alois  |  

Assetz Capital, a fast growing peer-to-peer finance platform, has hired Samantha Williamson has joined its expanding Regional Relationship Director team. Assetz Capital has recently been adding regional hires to have boots on the ground to interact with customers. Williamson will cover the South Manchester region,… Read More

June 1, 2017 @ 5:14 pm By JD Alois  |  

Born in Spain and shipped to the UK, Capital Cell has officially launched in Great Britain. Capital Cell , founded by Daniel Oliver and based in Barcelona, is the first European equity crowdfunding platform for Biotech projects.  After several successful years of investment crowdfunding in… Read More

June 1, 2017 @ 3:27 pm By JD Alois  |  

Insurtech platform Lemonade has posted an update on platform growth. According to their information, they now have over 14,315 customers after 8 months of offering home-owners insurance. Lemonade is in the process of rolling out to much of the US (they must receive approval in… Read More

June 1, 2017 @ 1:13 pm By JD Alois  |  

Injeq Oy (Ltd), a Finland based MedTech company, has announced an equity crowdfunding round on Invesdor. Injeq will use the funding to bring their smart Injeq IQ-Needle to the European medical device markets. Think Spinal Tap, but not the movie. For medical professionals, however, the upcoming smart… Read More

June 1, 2017 @ 12:48 pm By JD Alois  |  

RealConnex, a platform that connects real estate professionals to both access to capital as well as investments, has announced a strategic partnership with the Miami Association of Realtors. According to RealConnex, the agreement will see the Miami Association of Realtors, and their 46,000 plus members,… Read More

June 1, 2017 @ 12:24 pm By JD Alois  |  

Fintech startup cashpresso has entered a new market by partnering with holiday voucher provider we-are.travel. Customers of the travel portal can now directly finance the purchase process with the cashpresso credit. cashpresso states that direct cooperation between credit providers and online booking portals are not… Read More

June 1, 2017 @ 12:07 pm By JD Alois  |  

The Bank of England is out with some data on the Funding for Lending Scheme (FLS). The FLS seeks to encourage more lending to the UK economy than would have been the case in the absence of the plan.  The current Extension allows participants to… Read More

June 1, 2017 @ 11:01 am By JD Alois  |  

Online lender ThinCats has announced the appointment of Samantha Gray as General Counsel. Gray has over 16 years experience in the legal profession having worked as a Partner at Langley Solicitors LLP and heading up their Finance Law Unit which covered financial services, banking, insolvency… Read More

June 1, 2017 @ 9:13 am By JD Alois  |  

Wellesley has entered a period of retrenchment as CFO Alasdair Lenman has departed the company after less than a year on the job. The Wellesley Group consists of Wellesley & Co Ltd, Wellesley Finance Plc and Wellesley Group Investors Ltd. The peer to peer lender made several announcement’s last… Read More

June 1, 2017 @ 7:41 am By JD Alois  |  

Peer to peer lender Zopa has raised £32 million in a “series of transactions” to finance the creation of a next generation bank.  The funding was led by Wadhawan Global Capital Pvt Ltd (WGC), an Indian financial services group, and Northzone, a European VC fund. As… Read More